According to reports, the 29 year old informed his friend residing in Hong Kong that he was being held for a AED 109,000 ransom through WhatsApp.
The suspects were identified as four Chinese nationals who were caught with the victim in a house in Makati City, Metro Manila.
They are currently under the custody of the Philippine National Police as an investigation is underway.
Philippines confirms visit by alleged Bondi gunmen amid terrorism concerns
The Philippines Bureau of Immigration said on Tuesday that the two alleged gunmen behind the mass shooting at Sydney's Bondi Beach travelled to the Philippines, just weeks before the assault that killed 15 people.
Israeli forces kill Palestinian teen in West Bank, health ministry says
The Israeli military have shot dead a 16-year-old Palestinian during a raid on the town of Tuqu' on Monday, the Palestinian health ministry said, the latest deadly incident in a recent surge of violence in the Israeli-occupied West Bank.
Trump sues BBC for defamation, seeks up to $10 billion in damages
US President Donald Trump has sued the BBC on Monday for defamation over edited clips of a speech that made it appear he directed supporters to storm the US Capitol, opening an international front in his fight against media coverage he deems untrue or unfair.
FBI foils 'terror plot' targeting Los Angeles
Four people are facing criminal charges in connection with what Attorney General Pam Bondi described on Monday as a foiled bomb plot that contemplated multiple targets, including US immigration agents and their vehicles.
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